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Moody's affirms India's Baa3 rating
The Business Guardian
|August 19, 2023
Rating agency Moody’s Investors Service on Friday affirmed the ‘Baa3’ rating on India and maintained a “stable” outlook.
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The affirmation and stable outlook are driven by its view that India’s economy is likely to continue to grow rapidly by international standards, “although potential growth has come down in the past 7–10 years.”
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